Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Benzinga Insights

Sprouts Farmers Market: Q4 Earnings Insights

Sprouts Farmers Market (NASDAQ:SFM) reported its Q4 earnings results on Thursday, February 24, 2022 at 04:02 PM.

Here's what investors need to know about the announcement.

Earnings

Sprouts Farmers Market beat estimated earnings by 6.67%, reporting an EPS of $0.32 versus an estimate of $0.3.

Revenue was up $109.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.16 which was followed by a 4.69% increase in the share price the next day.

Here's a look at Sprouts Farmers Market's past performance:

 

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate 0.40 0.45 0.6 0.39
EPS Actual 0.56 0.52 0.7 0.59
Revenue Estimate 1.57B 1.60B 1.62B 1.58B
Revenue Actual 1.51B 1.52B 1.57B 1.60B

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Sprouts Farmers Market management provided guidance for their next quarter, expecting earnings between $0.69 and $0.73 per share for the next quarter.

This represents a 121.88% in quarter-over-quarter growth for Sprouts Farmers Market, a bullish signal to many investors.

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.